Register for our free newsletter
Passenger traffic at Dubai International Airport climbed 6.0 percent from a year earlier in July, with monthly traffic surpassing 5 million passengers for the first time, Dubai Airports said on Wednesday.
September 5, 2012 5:38
Etisalat, the United Arab Emirates' biggest telecommunications company, said on Wednesday it has decided not to bid for airwaves in an Indian state auction scheduled in November.
September 5, 2012 5:37
Saudi Aramco and France's Total have started testing their new refinery at Jubail, three sources with knowledge of the project said, raising the prospect of full operation of the $14 billion facility ahead of a scheduled start-up in the third quarter of 2013.
September 5, 2012 5:37
Emal bond invite to be sent to banks late-Sept – sources; Loan to pay 225-300 bps over 15.5-yr life; Margin more than double first phase, shows impact of Euro bank pull-back; All part of $4 bln funding package for smelter expansion
September 5, 2012 5:36
Abu Dhabi National Oil Co. has raised the August retroactive official selling price (OSP) for its key Murban crude by $9.90 from July to $111.65 a barrel, ADNOC said on Wednesday.
September 5, 2012 5:36
Kuwait's top court will announce on Sept. 25 whether current electoral boundaries are constitutional, a ruling that could spark protests in the increasingly politically divided oil producer.
September 5, 2012 5:36
The website of Qatar-based satellite news network Al Jazeera was apparently hacked on Tuesday by Syrian government loyalists for what they said was the television channel's support for the "armed terrorist groups and spreading lies and fabricated news".
September 5, 2012 11:03
Bond target size $800 mln, part of $2.2 bln refi; Bond could launch by end-Sept, dependent on rating; Six banks picked as bookrunners for bond; Loan portion of package oversubscribed - source
September 5, 2012 10:30
Investors scale down expectations from ECB meeting; Weak US manufacturing data adds to jitters
September 5, 2012 10:08
Unemployment among young people is likely to rise globally as the euro crisis hits emerging economies and more discouraged jobless youth drop out of the labour force altogether, the International Labour Organization said on Tuesday.
September 5, 2012 10:07
Bahrain-based Gulf Finance House (GFH) is looking to acquire stakes in asset management and real estate firms and increase ownership in its portfolio companies, it said in a statement on Tuesday.
September 4, 2012 5:34
Limitless, the indebted property arm of Dubai World, is aiming to conclude its $1.2 billion debt deal with creditors by the end of September, the company said on Tuesday.
September 4, 2012 5:34
Kuwaiti telecom operator Zain will continue its fight against a $262 million fine imposed on its Iraq operations despite some of the unit's bank accounts being frozen, the company said on Tuesday.
September 4, 2012 5:33
Qatargas is to shut two of the world's largest liquefied natural gas (LNG) production lines, known as trains, for planned maintenance this month, the company said on Tuesday.
September 4, 2012 5:33
Three Gulf investors have formed a joint venture to build a $400 million steel plant in the southern Oman city of Salalah, a statement by the company said on Tuesday.
September 4, 2012 5:32
As Prime Minister Erdogan showcases Turkey's prestige on a visit to the White House, the country has its ratings upgraded...
May 19, 2013 9:45
The Emirates Identity Authority is 'keen' on making its ID cards more functional.
May 16, 2013 5:57
The airline said there had been little impact on May 15 from a strike in protest over pay and previous sackings.
May 16, 2013 2:57
Controversial views from the clothing company's CEO causes huge backlash.
May 16, 2013 2:43
Michael Fay forged papers and operated as a pilot for Afriqiyah Airways for eight months. . .
May 14, 2013 11:26
